Singapore-based shipping company Ocean Network Express (ONE) has made significant progress in implementing its green strategy as it achieved a 62% reduction in Scope 1 emissions intensity in FY2023, compared to a 2008 baseline.
Significant work is clearly needed to reach agreement on the regulations that will bring shipping to net zero in 2050, Klaveness Combination Carriers (KCC), part of Norwegian shipping company Torvald Klaveness, said.
